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What is M-PESA?

M-PESA is recognized as the premier mobile money service across Africa, holding the title of the continent's top fintech platform. Its popularity as a payment solution is embraced by both banked and unbanked individuals, primarily due to its exceptional security features and user-friendly interface. The service is designed to accommodate millions of users who own mobile phones but may not have access to conventional banking services or face significant limitations in that area. Presently, M-PESA boasts over 51 million active customers spread across seven African countries, providing them with a dependable, safe, and cost-effective way to transfer money, recharge their mobile airtime, pay bills, receive salaries, and obtain short-term loans, among numerous other services. To initiate the use of M-PESA, customers typically visit authorized agents, which are often small kiosks or retailers such as barbershops and bakeries, where they can exchange cash for electronic currency. After going through a simple registration process, users can quickly send money to friends and family within the country, making financial transactions more straightforward than ever before. This groundbreaking service is not only revolutionizing the way people engage with their finances but is also significantly improving the economic conditions of its users, fostering greater financial inclusion throughout the continent. As M-PESA continues to evolve, it plays a vital role in shaping the future of financial services in Africa.

What is BitPesa?

Robust encryption methods alongside two-factor authentication provide a safe environment for user sign-ins. Designed specifically for significant cryptocurrency transactions, this platform presents a transparent and volume-dependent pricing model for each trade. Users benefit from tailored customer support accessible via chat, WhatsApp, phone, and email, ensuring that help is always available when needed. Furthermore, BitPesa incorporates state-of-the-art security protocols and holds the title of the largest liquidity provider among exchanges in Africa. With trading volumes exceeding $500 million, BitPesa has made history as the first blockchain company to obtain a license from the UK's Financial Conduct Authority, all while complying with stringent KYC regulations. This dedication to both security and customer experience distinguishes it within the fast-paced cryptocurrency landscape. In addition, BitPesa's proactive approach to innovation keeps it at the forefront of the industry, continually enhancing its services to meet evolving user needs.

Media

Media

Integrations Supported

1oT
BlinqIO
Flowcart
GlobalGiving
Hotelinking
Jetpac
Keepgo
Little Box Office
PremierCashier
Rayven
RedShield
Retainly
Xinix

Integrations Supported

1oT
BlinqIO
Flowcart
GlobalGiving
Hotelinking
Jetpac
Keepgo
Little Box Office
PremierCashier
Rayven
RedShield
Retainly
Xinix

API Availability

Has API

API Availability

Has API

Pricing Information

Free
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Vodafone

Date Founded

1982

Company Location

United Kingdom

Company Website

www.vodafone.com/about-vodafone/what-we-do/consumer-products-and-services/m-pesa

Company Facts

Organization Name

BitPesa

Date Founded

2013

Company Website

www.bitpesa.co

Categories and Features

Mobile Payment

ACH Support
Contactless / NFC
Credit Card Support
Cryptocurrency Support
Debit Card Support
In-App Payments
In-Store Payments
Micropayments
P2P Payments
eCommerce Payments

Categories and Features

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